Trump family sued by NY

[Calypso Jones]

Easier burden of proof...

All she has to prove is that the money was owed and Trump didn't pay it... New York State would have him for tax and penalties...
They don't need to prove intend, why take the risk. Get this as a win early and then see if there is any criminal liability they can prove..

easier burden of proof...that TELL YOU ANYTHING TED??

 

[Cellblock2429]

Not only is orange man bad, Trump is a criminal.

Trump likes his cult, gullible and stupid.

/----/ What crimes? Where are the guilty verdicts? Were the trials broadcast?

 

[Lisa558]

That racist black female AG is more concerned with getting a rich white family into prison than she is about the horrendous violent crime playing out on NY’s street every day (and disproportionately by blacks). Just yesterday I learned that a friend’s daughter was shoved onto the subway tracks by another one of NY’s savages. (Fortunately, no train was approaching and decent humans hoisted her up to safety.)

 

[Nuthin' Fancy]

/-----/ Oh, stop playing stupid. Why do you post stupid stuff when it can be refuted so quickly? It makes you look like a desperate democrat tool.

The Trump Organization - Wikipedia

en.wikipedia.org

The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner.[5] Around 250 of these entities use the Trump name.[6][7] The organization was founded in 1927 by Donald Trump's paternal grandmother, Elizabeth Christ Trump, and his father, Fred Trump, as E. Trump & Son. Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2016 when he won the 2016 United States presidential election, defeating Hillary Clinton.

Not even Hildabeast claims Trump had 50 bankrupt businesses, and we all know how she loves to exaggerate.
Fact Checking: Has Donald Trump filed for bankruptcy relief 4 or 6 times?

Let’s do some fact checking about how many times Donald Trump has filed for bankruptcy protection and why there is some debate over this number. During the 2016 presidential campaign, Hillary Clinton correctly pointed out that Donald Trump had filed bankruptcy 6 times. Here is a quick breakdown of the six Chapter 11 bankruptcy filings by companies owned by Donald Trump. All six of Donald Trump’s bankruptcy filings were prior to him becoming our current U.S. President.

So, just tells you he brags about being "successful" and wasn't.
You don't hear of Ted Turner bragging about his success, it just is.

1. 1991: Trump’s Taj Mahal
2. 1992: First of two Atlantic City casinos owned by Donald Trump.
3. 1992: Second of two Atlantic City casinos owned by Donald Trump.
4. 1992: Trump’s Plaza Hotel in New York City
5. 2004: Trump’s Hotels and Casinos Resorts
6. 2009: Trump’s Entertainment Resorts

SOooooooooooo.
Trump AND his daddy had 500 companies.

 

[Blues Man]

No shit.
They may believe a lawyer or a licensed third-party appraiser.

I know, at least they should.
I don't know how Trump did it.

October 24 2016
PALM BEACH, Fla. (AP) — Donald Trump says he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach. But The Associated Press has found little evidence of such large-scale damage.

Two years after a series of storms, the real estate tycoon said he didn’t know how much had been spent on repairs, but acknowledged he pocketed some of the money. He transferred funds into his personal accounts, saying that under the terms of his policy “you didn’t have to reinvest it.”

“Landscaping, roofing, walls, painting, leaks, artwork in the — you know, the great tapestries, tiles, Spanish tiles, the beach, the erosion,” he said of the storm damage. “It’s still not what it was.”

Trump’s description of extensive damage does not match the versions of Mar-a-Lago members and even Trump loyalists. In an interview about Mar-a-Lago’s history, Trump’s longtime former butler, Anthony Senecal, recalled no catastrophic damage. He said Hurricane Wilma, the last of a string of storms which barreled through in 2004 and 2005, flattened trees behind the estate, but the house itself only lost some roof tiles.

Just over two weeks after Wilma, Trump hosted 370 guests at Mar-a-Lago for the wedding of his son Donald Jr. Wedding photographs by Getty Images showed the house, pools, cabanas and landscaping seemingly in good repair.

Palm Beach building department records showed no permits for construction on that scale after the storms. The only permits that appeared hurricane-related were $3,000 in repairs to storm-damaged outdoor lighting and the vacuuming of sand from the property’s beachfront pool. Likewise, records of the city’s Landmarks and Preservation Commission reflected no repair work conducted following the 2004 and 2005 hurricane seasons.

So, how did Trump pull that off?

That's for the banks to answer and if they haven't filed any fraud charges I don't see what the beef is here other than what seems to me to be an abuse of power by the AG

 

[Cellblock2429]

So, just tells you he brags about being "successful" and wasn't.
You don't hear of Ted Turner bragging about his success, it just is.

SOooooooooooo.
Trump AND his daddy had 500 companies.

/----/ You funny little troll. Got a list of those 500 companies that no longer exist? Of course not. You just can't admit you were talking off the top of your head and were wrong.

 

[Nuthin' Fancy]

/----/ What crimes? Where are the guilty verdicts? Were the trials broadcast?

November 7 2018
A state court ordered President Trump to pay about $2 million to an array of charities to resolve one of the lawsuits brought against him by the state of New York.

Justice Saliann Scarpulla of the New York Supreme Court, New York County Commercial Division signed off on a resolution between the parties after the state’s attorney general accused the president of misusing the Trump Foundation in connection to his 2016 presidential campaign, specifically in connection to a charity event he held for veterans during the Iowa caucuses.

Trump University (also known as the Trump Wealth Institute and Trump Entrepreneur Initiative LLC) was an American company that ran a real estate training program from 2005 until 2010.
It was owned and operated by The Trump Organization. A separate organization, Trump Institute, was licensed by Trump University but not owned by The Trump Organization.
In 2011, amid multiple investigations, lawsuits and student complaints, it ceased operations.
It was founded by Donald Trump and his associates, Michael Sexton and Jonathan Spitalny, in 2004. The company offered courses in real estate, asset management, entrepreneurship, and wealth creation.

WOW, there's three of Trump' companies that are using the same company but separate names.

 

[Calypso Jones]

They are asking Trump to pay the taxes he owes the New York people...

Trump has an option. Accept that the valuations were way lower (in multiples) and he signed off on them. This would make him civilly liable for damages of misreporting his wealth...

Trump could fight it and state that valuations are right and he was just following that valuations from Cushman and Wakefield. James has little case to answer except some of the glaring factual errors... But the IRS has an open and shut case, Trump put in his estimated values around the same time into the IRS, they can massage a little but Trump was in multiples.. Game Over, this baby is chess..

So I say Trump's lawyers saw this and are hoping that pleading the 5th a few hundred times and then hoping the burden of proof is proven by NY State. But they changed over to a civil case and lowered the burden of proof considerably...

Someone said and the weekend this is only the start, they are right.. Trump plan now is delay, delay as much as possible...

no ted...it isn't about taxes. it's about his banking and James' pathetic attempt to nail him for fraud in overpricing/underpricing his buildings. James is stupid. Banks don't let you get by with that. Ted. you are so easy, dude. Use your head and grow a pair. The country is at a crossroads and the left has you goose stepping down the wrong road.

Isaiah 3:12 “As for my people, children(foolish men) are their oppressors, and women rule over them. O my people, they which lead thee cause thee to err, and destroy the way of thy paths.”

this is what happens when ya put leftist women in charge.

 

[struth]

November 7 2018
A state court ordered President Trump to pay about $2 million to an array of charities to resolve one of the lawsuits brought against him by the state of New York.

Justice Saliann Scarpulla of the New York Supreme Court, New York County Commercial Division signed off on a resolution between the parties after the state’s attorney general accused the president of misusing the Trump Foundation in connection to his 2016 presidential campaign, specifically in connection to a charity event he held for veterans during the Iowa caucuses.

Trump University (also known as the Trump Wealth Institute and Trump Entrepreneur Initiative LLC) was an American company that ran a real estate training program from 2005 until 2010.
It was owned and operated by The Trump Organization. A separate organization, Trump Institute, was licensed by Trump University but not owned by The Trump Organization.
In 2011, amid multiple investigations, lawsuits and student complaints, it ceased operations.
It was founded by Donald Trump and his associates, Michael Sexton and Jonathan Spitalny, in 2004. The company offered courses in real estate, asset management, entrepreneurship, and wealth creation.

WOW, there's three of Trump' companies that are using the same company but separate names.

yes three companies…not sure your point

 

[struth]

Not only is orange man bad, Trump is a criminal.

Trump likes his cult, gullible and stupid.

irs amazing how you all still can’t get an indictment

you’re dembot leaders must be idiots

 

[Nuthin' Fancy]

That's for the banks to answer and if they haven't filed any fraud charges I don't see what the beef is here other than what seems to me to be an abuse of power by the AG

YES, they have.
That's what the NY AG is doing.

New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business.

The 220-page civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages.

James said Trump massively overstated the values of his assets in statements to banks, insurance companies and the IRS to obtain more favorable loan and insurance terms for his company, as well as to lower its tax obligations.

James’ office interviewed more than 65 witnesses and reviewed millions of documents part of the investigation, the lawsuit said.

The Manhattan district attorney’s office has been conducting a criminal investigation of Trump and his company that mirrors in many ways the allegations made by James in her lawsuit.

 

[Blues Man]

YES, they have.
That's what the NY AG is doing.

New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business.

The 220-page civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages.

James said Trump massively overstated the values of his assets in statements to banks, insurance companies and the IRS to obtain more favorable loan and insurance terms for his company, as well as to lower its tax obligations.

James’ office interviewed more than 65 witnesses and reviewed millions of documents part of the investigation, the lawsuit said.

The Manhattan district attorney’s office has been conducting a criminal investigation of Trump and his company that mirrors in many ways the allegations made by James in her lawsuit.

What bank filed fraud charges?

She's going the civil route because she doesn't have the evidence to prove any crimes. If there are no criminal charges of fraud and no conviction of criminal fraud how can any penalties for fraud be levied by the state ?

 

[Cellblock2429]

November 7 2018
A state court ordered President Trump to pay about $2 million to an array of charities to resolve one of the lawsuits brought against him by the state of New York.

Justice Saliann Scarpulla of the New York Supreme Court, New York County Commercial Division signed off on a resolution between the parties after the state’s attorney general accused the president of misusing the Trump Foundation in connection to his 2016 presidential campaign, specifically in connection to a charity event he held for veterans during the Iowa caucuses.

Trump University (also known as the Trump Wealth Institute and Trump Entrepreneur Initiative LLC) was an American company that ran a real estate training program from 2005 until 2010.
It was owned and operated by The Trump Organization. A separate organization, Trump Institute, was licensed by Trump University but not owned by The Trump Organization.
In 2011, amid multiple investigations, lawsuits and student complaints, it ceased operations.
It was founded by Donald Trump and his associates, Michael Sexton and Jonathan Spitalny, in 2004. The company offered courses in real estate, asset management, entrepreneurship, and wealth creation.

WOW, there's three of Trump' companies that are using the same company but separate names.

/----/ Often times it's cheaper, and faster to settle than fighting a prolonged battle. But, I'm guessing you already knew that.

Survey says companies would rather settle than fight in court

A survey, conducted for Fortiva, an email archiving solution provider, by a company called iTracks, unoovered that 20 percent of the corporations in the survey said they preferred to settle law suits out of court to avoid the costs incurred by archiving and or searching through old emails. While...

www.infoworld.com

 

[struth]

YES, they have.
That's what the NY AG is doing.

New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business.

The 220-page civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages.

James said Trump massively overstated the values of his assets in statements to banks, insurance companies and the IRS to obtain more favorable loan and insurance terms for his company, as well as to lower its tax obligations.

James’ office interviewed more than 65 witnesses and reviewed millions of documents part of the investigation, the lawsuit said.

The Manhattan district attorney’s office has been conducting a criminal investigation of Trump and his company that mirrors in many ways the allegations made by James in her lawsuit.

no the banks have no claimed any fraud…this is a civil case if the banks felt cheated they could sue

they don’t

this is a politically motived abuse of power

 

[Nuthin' Fancy]

irs amazing how you all still can’t get an indictment

I wouldn't be bragging.
When, after 12 years and millions of taxpayer $$$ wasted, of investigating Hillary, will Trump and his cult arrest anyone?

you’re dembot leaders must be idiots

They will Q NUT.
NOT like the morons going after Clinton.

 

[Nuthin' Fancy]

/----/ Often times it's cheaper, and faster to settle than fighting a prolonged battle. But, I'm guessing you already knew that.

Survey says companies would rather settle than fight in court

A survey, conducted for Fortiva, an email archiving solution provider, by a company called iTracks, unoovered that 20 percent of the corporations in the survey said they preferred to settle law suits out of court to avoid the costs incurred by archiving and or searching through old emails. While...

www.infoworld.com

NOT Trump.
Trump hates paying anyone, anything.

 

[struth]

I wouldn't be bragging.
When, after 12 years and millions of taxpayer $$$ wasted, of investigating Hillary, will Trump and his cult arrest anyone?

They will Q NUT.
NOT like the morons going after Clinton.

trump wasn’t ever investigating clinton…so not sure what you are talking about…

you all have spent 7 years trying to indict trump…literally campaigning on it…taking cases to the scotus to try and get him…zip

 

[struth]

NOT Trump.
Trump hates paying anyone, anything.

who doesn’t??

 

[Nuthin' Fancy]

yes three companies…not sure your point

Duplicity, you moron.
Three companies running one institution, all Trump companies.
If Trump did that with 100 companies, he would claim to have 300 companies.

 

[Nuthin' Fancy]

What bank filed fraud charges?

She's going the civil route because she doesn't have the evidence to prove any crimes.

Evidently..............she does.

If there are no criminal charges of fraud and no conviction of criminal fraud how can any penalties for fraud be levied by the state ?

Happens all the time.

State law allows a broad range of civil remedies against companies committing commercial fraud, including revoking licenses to conduct business in the state, removing company officers and forcing the payment of restitution or disgorgement of ill-gotten gains.